Digital financial services are transforming access to financial solutions for communities worldwide. In the Solomon Islands, the SIAusPartnership is playing a vital role in revolutionizing financial accessibility through M-Selen, a service that aims to bring unprecedented access to financial services across all provinces.
Recently, Australian High Commissioner Rod Hilton, CEO Christina Lasaqa of Our Telekom, and Benedict Kinyua, an Australia-funded technical expert, met to discuss the collaboration between M-Selen and Australia in making financial services more accessible and affordable. The partnership is focused on lowering the costs of sending remittances back to the Solomon Islands, a critical service for many families.
The recent announcement from the Central Bank of Solomon Islands (CBSI) highlighted a remarkable milestone in 2024, with Solomon Islands labor mobility workers sending home an impressive $431 million. With the support of M-Selen, this service is now more accessible, ensuring that all Solomon Islanders can benefit from lower remittance fees and easier financial transactions.
Through this collaboration, M-Selen aims to empower individuals and families across the Solomon Islands, driving economic inclusion and providing vital support for local communities.
End///
Thoughts? Iumi stori
